How does Random Effects work?

Published: 04 October 2013
on channel: Ben Lambert
81,077
596

This video explains the mechanism through which Random Effects estimators work, and indicates how it collapses to Pooled OLS and Fixed Effects under certain assumptions.

Check out http://oxbridge-tutor.co.uk/undergrad... for course materials, and information regarding updates on each of the courses. Check out https://ben-lambert.com/econometrics-... for course materials, and information regarding updates on each of the courses. Quite excitingly (for me at least), I am about to publish a whole series of new videos on Bayesian statistics on youtube. See here for information: https://ben-lambert.com/bayesian/ Accompanying this series, there will be a book: https://www.amazon.co.uk/gp/product/1...


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